LSL Property Services plc (LSL)
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons.
In accordance with DTR 3, LSL was notified on 24 January 2022 that Simon Embley (Non-Executive Director of LSL) had exercised nil-cost options over ordinary shares of 0.2p each in LSL.
The exercised options were received by Simon in 2012, pursuant to LSL's LTIP* plan and were subject to performance conditions. The options are due to lapse in April 2022, accordingly Simon has exercised his options prior to the expiry of the exercise period, and he has acquired 58,333 shares.
Following this exercise, Simon's total shareholding in LSL is 6,835,624.
*Long Term Incentive Plan
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities/ person closely associated |
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| a) | Name | Simon Embley | ||||
| 2 | Reason for notification |
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| a) | Position/Status | Non Executive Director | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor |
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| a) | Name | LSL Property Services plc | ||||
| b) | LEI | 213800T4VM5VR3C7S706 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. |
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| a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 0.2p each in LSL Property Services plc
GB00B1G5HX72 | ||||
| b) | Nature of transaction | Shares acquired by exercising options received pursuant to LSL Property Services plc Long Term Incentive Plan. | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price |
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| e) | Date of the transaction | 22 January 2022 | ||||
| f) | Place of the transaction | Outside a trading venue |
For further information, please contact:
Sapna B FitzGerald, Company Secretary
investorrelations@lslps.co.uk
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